The market for bonds backed by commercial real estate recovered over the last 18 months but growth in the third quarter has stalled, said property market researchers Friday.

"There's been a little bit of a stumble in the third quarter," said Ben Thypin, director of market analysis for Real Capital Analytics, a commercial real estate research firm, in a presentation at the Appraisal Institute's annual fall conference in San Francisco.

.....While CRE sales volume has fallen to less than half its level in 2007, all segments of the market have clocked gains over the past year, according to data from Real Capital Analytics.Senior living properties saw more than a fourfold increase in sales volume in the first half compared with the first six months of 2010, followed by hotel and multifamily properties. About $23.1 billion in apartment properties in changed hands in the January-June period.Apartments exist in a "parallel universe" from other CRE properties because of their access to Fannie Mae and Freddie Mac financing, said Thypin."The foreclosure crisis in the single-family market has helped the apartment market," he said.Read More: http://www.housingwire.com/2011/10/14/cmbs-market-stalls-in-third-quarter

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Ben Carlos Thypin

I am currently the co-founder of Quantierra, the world's first data driven real estate brokerage and investment manager. In my former life as Director of Market Analysis at Real Capital Analytics, I worked with press outlets large and small to provide them with great data and insightful commentary. Here are some of the results of this collaboration. For the rest, please check out the News Archive.